An $8,000 coupon bond with a $400 annual coupon payment has a coupon rate of

A) 5 percent.
B) 8 percent.
C) 10 percent.
D) 40 percent.


A

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Which of the following statements is an advantage of using distribution centers over direct store delivery?

A. Individual stores that forecast and draw from a DC are more cost efficient. B. The DCs enable the retailer to carry less overall inventory. C. The DC can always deliver faster than a vendor. D. The DCs have the advantage of keeping extra merchandise as backup stock in the store. E. Direct store delivery is always more expensive.

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The JIT operating philosophy must be adopted by everyone in a company before its total benefits can be realized

Indicate whether the statement is true or false

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Recent Supreme Court decisions in the United States have been less supportive of organizational decisions made primarily based on racial composition. In effect, the Supreme Court is now questioning:

a. The constitutionality of race-based set aside policies b. The constitutionality of all affirmative action policies c. Whether the court has the jurisdiction to decide on such matters d. The morality of race-based set aside policies

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George, age 67, and Linda, age 60, are married taxpayers with three dependent children. Their adjusted gross income for the 2016 tax year is $142,000 . They have itemized deductions of $24,000 . Determine the following for their joint tax return for 2016:

a. The number of exemptions b. Exemption deduction amount c. The greater of the amount of their standard deduction or their itemized deductions d. Taxable income

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